Pure gold prices surged by Rs160 to end at Rs29,110 per 10 grams as against Rs28,950 earlier. Photo: ReutersMumbai: Rising for the second straight day, gold prices added Rs160 per 10 grams, tracking a firming global trend amid increased buying by jewellers in the ongoing wedding season. Pure gold (99.9 purity) also surged by a similar margin to end at Rs29,110 per 10 grams as against Rs28,950 earlier. Spot gold had risen 0.3% to $1,199.01 per ounce in early trade after earlier touching its highest since 25 January at $1,203. Meanwhile, spot silver added 0.5% to $17.20 per ounce.

Source: Mint January 31, 2017 12:30 UTC